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This article is cited in 3 scientific papers (total in 3 papers)
Computer science
Evaluation of the volume of ordering of goods while possible demand drop
V. M. Bure, V. V. Karelin, A. V. Bure St. Petersburg State University, 7–9, Universitetskaya nab., St. Petersburg,
199034, Russian Federation
Abstract:
In this work, a mathematical model,
designed to determine the optimal strategy of the trading firm's
behavior is constructed under conditions of random demand. As a
result of special marketing research, it is determined that at
some random time $T$ there will be a sharp and strong drop in
demand. It is assumed that the trading company uses the following
scheme of the wholesale order of the goods. All ordered goods are
divided into two parts, the first consignment of goods arriving
immediately, and it must be sold within a certain period of time
$T_1$, if the demand does not drop, then the sale of the second
consignment of goods starts at a discount. The delivery of the
second batch to the buyers occurs at time $T$. The article
considers various situations that arise as a result of a drop in
demand after the moment $T$, either until the time $T_1$ or in the
period between the time moments $T_1$ and $T$. It is necessary to
consider such a wholesale order scheme. Firstly, the warehouses of
the trading company have a limited scope and cannot accommodate
the entire ordered volume of goods, and secondly, the producer
cannot immediately supply the entire ordered lot of goods, since
not all goods could be produced in the initial (zero) time when
the order is made. For the trading company, the moments of time
$T_1$ and $T$ are important. At time $T_1$, the trading company
will completely sell the first shipment of the goods and receive
the funds, part of which it will pay to the firm for the
manufacturer. The time $T$ is also extremely important for the
trading company, as it will mean the successful completion of the
full realization of the entire purchased product. The choice of
time points $T_1$ and $T$ allows determining the volume of the
first consignment of ordered goods and the total volume of all
ordered goods from the manufacturer. In this work a mathematical
model is proposed that allows choosing the optimal ordering
strategy for a trading company in conditions of a possible
drop in demand at a random time.
Keywords:
stock level of the goods, random demand, shortage of goods, discount.
Received: September 18, 2017 Accepted: June 14, 2018
Citation:
V. M. Bure, V. V. Karelin, A. V. Bure, “Evaluation of the volume of ordering of goods while possible demand drop”, Vestnik S.-Petersburg Univ. Ser. 10. Prikl. Mat. Inform. Prots. Upr., 14:3 (2018), 252–260
Linking options:
https://www.mathnet.ru/eng/vspui374 https://www.mathnet.ru/eng/vspui/v14/i3/p252
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